Tag Archives: major trend

TSX Index holding above the 50-day moving average

Major trend is up, intermediate trend is up and near-term trend is up for the TSX Index

Weekly chart for the TSX Index with the moving averages.

Reference the last chart analysis for the TSX Index showing the percent of stocks above the 50-day moving average.

Market News: TSX falls; BlackBerry jumps to 1-year high on arbitration win

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“Technical Analysis is about putting the probabilities on your side.”

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2017 TradeOnline.ca

CRB Index long-term chart showing major downtrend

Long-term chart for the CRB Index showing the major downtrend in commodities.  It is below the 2009 low.  Where is the bottom?

CRB Index Chart for 2004-2016

https://en.wikipedia.org/wiki/Thomson_Reuters/Jefferies_CRB_Index

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2016 TradeOnline.ca

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Aecon Group (ARE) 3-Year weekly chart

Major uptrend with resistance and target at $18
Aecon Group 3-Year Chart showing major uptrend

Aecon Group 3-Year Chart

http://www.aecon.com/Investing

http://www.aecon.com/ModuleFile/Q2+Quarterly+Report.pdf?id=4451

http://www.bnn.ca/News/2015/10/20/Aecon-eager-to-bid-on-Liberals-infrastructure-stimulus-strategy.aspx

______________________________

“Technical Analysis is about probabilities.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

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S&P 500 Index 3-Year Candlestick Chart

200-Day defines the major uptrend
Major trend is still up for the S&P 500 as defined by the 200-Day SMA.  Support is at the 200-Day  which is near the 2000 support level.

S&P 500 Index 3-Year Chart

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“We are all students of the market.”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

© 2015 TradeOnline.ca

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TSX Index 2-Year chart with the trendline

Break below the major trendline for the TSX Index

Break below the major trendline for the TSX Index

TSX Index 2-Year Daily Logarithmic Chart

15,000 is a major support level for the TSX Index.

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“Keep it Simple!”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

Major trend is sideways for gold

Gold spot price.  Major trend is sideways

Gold 3-Year Weekly Chart

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“Yes, the trend is your friend!”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

Major uptrend continues for the TSX Index

Need a confirmed close above the March, 2008 high of 15154
Major uptrend continues for the TSX Index.

TSX Index weekly chart 2007 – 2014

The materials sector and in particular gold stocks participated in the rally today. Reference the MarketCarpet from StockCharts.com for a graphical representation of the stocks that made the move.

Reference my last chart analysis for the TSX Index.

______________________________

“Yes, the trend is your friend!”

Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.